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Top mediaincanada.com News

Netflix agrees to buy Warner Bros studio and streaming business in $83bn deal — REUTERS / pwu404

Netflix · United States

Netflix agrees to buy Warner Bros studio and streaming business in $83bn deal

46% Center coverage: 402 sources

Netflix has announced it is buying Warner Bros. HBO and HBO Max for approximately $82.7 billion. The deal, if approved, will take place after Warner Bros. has disentangled itself from the assets it was already getting rid of as part of its Discovery de-merger in the third quarter of 2026.See the Story

Paramount Makes $108.4 Billion Hostile Bid for Warner After Losing Bidding War to Netflix — REUTERS / FES376

Paramount · United States

Paramount Makes $108.4 Billion Hostile Bid for Warner After Losing Bidding War to Netflix

51% Center coverage: 317 sources

Paramount Skydance launched a hostile bid worth $108.4 billion for Warner Bros Discovery, throwing a wrench into the deal with Netflix in a last-ditch effort to create a media powerhouse that would challenge the dominance of the streaming giant.See the Story

EU regulators hit Elon Musk’s X with 120 million euro fine for breaching bloc’s social media law — REUTERS / frL012

European Economy · Brussels

EU regulators hit Elon Musk’s X with 120 million euro fine for breaching bloc’s social media law

35% Center coverage: 231 sources

European Union regulators on Friday fined Elon Musk’s social media platform X 120 million euros ($140 million) for failing to comply with the bloc’s digital regulations. See the Story

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